L&T Mutual Fund
L&T Mutual Fund ranks among the top ranking mutual fund schemes in the country. The company puts all its effort and energy to provide maximum savings, optimum returns, and minimum risk for their investors. L&T’s mutual funds are specifically acknowledged for the disciplined approach toward risk and investment management. The company has a fairly large pool of mutual fund schemes that cater to the specific requirements of investors and help them achieve their financial objectives. The AMC is registered as a non-banking financial company under the Reserve Bank of India (RBI). L&T Mutual Funds are well-known in the market for its eager and friendly team of highly trained and wise investment managers. The investment team strives to make sure that they provide minimum risk and optimum returns to their investors.
|Date of setup||January 03, 1997|
|Sponsor(s)||L&T Finance Holdings Ltd.|
|Address||6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai, 400098|
|Tel||022 - 66554000|
|Fax||022 - 66554070|
Why Choose L&T Mutual Fund?
Complete assortment: L&T mutual fund schemes cater to every type of investment and wealth creation requirement.
Systematic income planning (SIP) option: Investors need not have a lump sum amount to be invested into the fund. They can start with a small monthly amount depending on their income level, and thus participate in stock trading without getting into many risks.
Online access: Along with offline access, the investor can now carry out almost all transactions online as well. This offers a world of convenience and time-saving.
Dividend transfer plan: Investors get the opportunity to transfer dividends from the L&T mutual fund schemes to any open-ended scheme of their choice.
Types of Funds Offered
Equity Fund: The AMC has majority of stocks in the portfolio as stocks or equity in companies trading on the stock market. Since it invests in these equity stocks the yields and capital appreciation generated directly depends on the company’s performance at that time. The AMC offers all 3 major types – i.e. large cap, mid cap or small cap equity. L&T Emerging Businesses Fund, L&T Large and MidCap Fund (Formerly known as L&T India Special Situations Fund), L&T Business Cycles Fund, L&T India Large Cap Fund, L&T Midcap Fund, L&T India Value Fund and L&T Equity Fund are some of the equity funds managed by L&T
Fixed Income Funds: For risk averse investors who do not want to experience the highs and lows of the market can opt for a safer option for peace of mind in the form of debt MF. Though the capital appreciation will not be as fast as equity MF, the returns will be assured. L&T Resurgent India Bond Fund (Formerly known as L&T Resurgent India Corporate Bond Fund), L&T Cash Fund, L&T Liquid Fund, L&T Ultra Short Term Fund L&T Low Duration Fund (Formerly known as L&T Short Term Income Fund), and L&T Banking and PSU Debt Fund are some of the funds offered by this AMC.
Hybrid Fund: L&T hybrid funds have a healthy blend of both, equity and debt funds. This presents better chances of capital appreciation while keeping the risk lower when compared to equity mutual fund trading. L&T Conservative Hybrid Fund (Formerly known as L&T Monthly Income Plan), L&T Arbitrage Opportunities Fund, L&T Equity Savings Fundand L&T Dynamic Equity Fund are some of the funds offered by this AMC.
Fund Managers at L&T Mutual Fund
Mr. S.N. Lahiri, Chief Investment Officer:Mr. Soumendra Nath Lahiri is the Chief Investment Officer with a rich experience of over 17 years in equity markets in India.He holds a Post Graduate Diploma in Management from IIM Bangalore and a degree in Engineering.
Mr. Venugopal Manghat, Head - Equities:Mr. Venugopal Manghat is Head - Equities at L&T Investment Management Limited. He manages the L&T India Value Fund, L&T Business Cycles Fund, L&T India Large Cap Fund and L&T Arbitrage Opportunities Fund. Venugopal also manages the equity component of L&T Equity Savings Fund and L&T Monthly Income Plan. Mr. Manghat has an experience of 23 years in equity markets in India. He holds a Bachelor of Mathematics degree and an MBA in Finance.
Mr. Shriram Ramanathan, Head- Fixed Income:Mr. Shriram Ramanathan oversees the management of more than Rs 30,000 cr in assets across various fixed income funds. He has been with the Investment Management business since June 2012 and has over 15 years of experience in fixed income markets. Mr. Ramanathan is a Chartered Financial Analyst and holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur and an Engineering degree from the University of Mumbai.